Friday, 14 June 2013

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Richest President of a Poor Country

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Zardari
President Asif Ali Zardari
Asif Ali Zardari is one of the most famous persons in Pakistan. He was born on 26th July 1955. He belongs to a Sindhi family from Nawabshah, Sindh. His father, Hakim Ali Zardari was also a former politician and businessman. After his father demise in 2011, Asif became the Chief of Zardari clan. Asif Ali Zardari acquired his high school education from Cadet College, Petaro, Sindh. He passed his graduation from a college of London.


Asif Ali Zardari married to Benazir Bhutto, daughter of Late Zulfiqar Ali Bhutto, in 1987. He has 3 children Bilawal, Bakhtawar and Aseefa. During both governments of his wife, Asif was elected as a federal minister. He has been arrested and charged with number of offences and imprisoned 2 times, in 1990 for 3 years and in 1996 for 8 years. Asif Zardari has faced much criticism and continually being accused of corruption. When Benazir was Prime Minister, he was labeled as Mr 10 per cent on account of accusations relating to accepting kickbacks and stealing from the state’s assets
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After assassination of his wife on 27 December 2007, he came back to Pakistan. On 30th December 2007, he became the co-chairman of Pakistan Peoples Party (PPP) along with his son Bilawal Bhutto Zardari who was studying in Oxford University London. In General Election 2008, PPP formed government and after some months in September 2008, he was elected as the 11th President of Pakistan by securing 218 votes out of 426 votes from parliament. In March 2013, he resigned from the position of party’s co-chief, in view of case pertaining to simultaneously holding two offices of President and Party's chief.

Bilawal
Asif Ali Zardari with his son Bilawal Bhutto Zardari
Asif Ali Zardari is not only famous as a politician but also he is the 2nd Richest Person of Pakistan by the end of year 2012. He has reported to have estates in different countries including Surrey, West End of London, Manhattan, Dubai, Florida, etc. He also has bank accounts in several foreign companies including Citi Bank, Swiss Bank Corporation, and other banks of UK and Paris. He also owns several houses and hotels in Pakistan. His house in Karachi, Lahore and Islamabad are called Bilawal House I, Bilawal House II and Zardari House respectively.